No. of Recommendations: 4
albaby1: I think from context, "one" means a home that is owned as an investment property and not being used as the residence of the owner....
Well, you're free to contextualize it any way you want. Then again, so am I. BTW, my larger point remains, which you yourself confirm: "this doesn't mean these houses are owned individually by little old retirees."
albaby1: But Bessent is probably right to get out there on this point, because most of the people who would look with worry on a ban on investor-owned SFH are people who are involved with only a small number of properties...
No. Bessent clearly told Bartiromo he meant mom and pop investors, people like her parents.
And maybe her parents could have afforded 12 houses but her father ran the family's Italian restaurant and catering hall, The Rex Manor, in Brooklyn, while her mother, Josephine, served as the hostess and also worked as a clerk at an off-track betting parlor, so I'm guessing, no. He's dead and she's 93 (if she's still alive).
Sorry, Bessent is full of shit but I'll let you contextualize some more.
